NASDAQ100 - MINI NASDAQ100 FULL0624 - 1H - Technical analysis published on 03/25/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Slightly bullish
Technical indicators
11%
56%
33%
My opinion
Bearish under 14,685.90 USD
My targets
14,462.20 USD (-1.09%)
14,183.80 USD (-2.99%)
My analysis
The strong short-term decline in NASDAQ100 - MINI NASDAQ100 FULL0622 calls into question the currently slightly bullish basic trend. A trend reversal is likely. As long as the price remains below the resistance located at 14,685.90 USD, one could consider taking advantage of the short-term movement. The first bearish objective is located at 14,462.20 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 14,183.80 USD as an objective. Crossing it would then enable sellers to target 13,986.80 USD. Be careful, a return to above 14,685.90 USD could jeopardize the reversal.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
1.8
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The NASDAQ100 - MINI NASDAQ100 FULL0622 price is 14,621.25 USD. On the day, this instrument lost -0.97% with the lowest point at 14,572.50 USD and the highest point at 14,840.50 USD. The deviation from the price is +0.33% for the low point and -1.48% for the high point.14,572.50
14,840.50
14,621.25
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of NASDAQ100 - MINI NASDAQ100 FULL0622 indicates that the overall trend is slightly bullish. 57.14% of the signals given by moving averages are bullish. Caution: the strong bearish signals currently being given by short-term moving averages indicate that this slightly bullish trend could be reversed. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish trend reversal : Moving Average 20
Type : Bearish
Timeframe : 1 hour
Technical indicators are bearish. There is still some doubt about the decline in the price.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 13,986.80 | 14,183.80 | 14,462.20 | 14,621.25 | 14,685.90 | 15,120.30 | 15,701.20 |
Change (%) | -4.34% | -2.99% | -1.09% | - | +0.44% | +3.41% | +7.39% |
Change | -634.45 | -437.45 | -159.05 | - | +64.65 | +499.05 | +1,079.95 |
Level | Minor | Minor | Major | - | Major | Minor | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 14,205.33 | 14,319.42 | 14,541.58 | 14,655.67 | 14,877.83 | 14,991.92 | 15,214.08 |
Camarilla | 14,671.28 | 14,702.10 | 14,732.93 | 14,763.75 | 14,794.57 | 14,825.40 | 14,856.22 |
Woodie | 14,259.38 | 14,346.44 | 14,595.63 | 14,682.69 | 14,931.88 | 15,018.94 | 15,268.13 |
Fibonacci | 14,319.42 | 14,447.86 | 14,527.22 | 14,655.67 | 14,784.11 | 14,863.47 | 14,991.92 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 11,922.77 | 12,432.63 | 13,423.07 | 13,932.93 | 14,923.37 | 15,433.23 | 16,423.67 |
Camarilla | 14,000.92 | 14,138.45 | 14,275.97 | 14,413.50 | 14,551.03 | 14,688.56 | 14,826.08 |
Woodie | 12,163.05 | 12,552.78 | 13,663.35 | 14,053.08 | 15,163.65 | 15,553.38 | 16,663.95 |
Fibonacci | 12,432.63 | 13,005.75 | 13,359.82 | 13,932.93 | 14,506.05 | 14,860.12 | 15,433.23 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 10,699.50 | 11,862.40 | 12,933.70 | 14,096.60 | 15,167.90 | 16,330.80 | 17,402.10 |
Camarilla | 13,390.60 | 13,595.40 | 13,800.20 | 14,005.00 | 14,209.80 | 14,414.60 | 14,619.41 |
Woodie | 10,653.70 | 11,839.50 | 12,887.90 | 14,073.70 | 15,122.10 | 16,307.90 | 17,356.30 |
Fibonacci | 11,862.40 | 12,715.86 | 13,243.14 | 14,096.60 | 14,950.06 | 15,477.34 | 16,330.80 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
RSI (14): | 41.53 | |
MACD (12,26,9): | 14.9800 | |
Directional Movement: | -13.99 | |
AROON (14): | -28.57 | |
DEMA (21): | 14,750.71 | |
Parabolic SAR (0,02-0,02-0,2): | 14,826.97 | |
Elder Ray (13): | -104.02 | |
Super Trend (3,10): | 14,845.35 | |
Zig ZAG (10): | 14,665.00 | |
VORTEX (21): | 0.9600 | |
Stochastique (14,3,5): | 22.28 | |
TEMA (21): | 14,729.97 | |
Williams %R (14): | -76.77 | |
Chande Momentum Oscillator (20): | -172.00 | |
Repulse (5,40,3): | -0.7600 | |
ROCnROLL: | -1 | |
TRIX (15,9): | 0.0400 | |
Courbe Coppock: | 0.52 |
MA7: | 14,482.54 | |
MA20: | 13,969.17 | |
MA50: | 14,279.32 | |
MA100: | 15,202.30 | |
MAexp7: | 14,700.19 | |
MAexp20: | 14,719.12 | |
MAexp50: | 14,653.53 | |
MAexp100: | 14,520.77 | |
Price / MA7: | +0.96% | |
Price / MA20: | +4.67% | |
Price / MA50: | +2.39% | |
Price / MA100: | -3.82% | |
Price / MAexp7: | -0.54% | |
Price / MAexp20: | -0.66% | |
Price / MAexp50: | -0.22% | |
Price / MAexp100: | +0.69% |
Quotes :
-
10 min delayed data
-
CME E-mini Futures
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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